BEIJING - PetroChina Co, the country's largest oil and gas producer, has signed an agreement with Royal Dutch Shell and Qatar Petroleum to explore for natural gas in the Middle Eastern country, part of bid by domestic companies to expand to their gas portfolio. Under a 30-year exploration and production sharing agreement, the partners will jointly explore for natural gas in an area covering 8,089 square kilometers. Shell will hold a 75 percent stake in the project...
Full Story: China Daily
